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What is Workday Strategic Sourcing?

Workday Strategic Sourcing is a sophisticated software solution designed to streamline the purchasing processes for enterprises, benefiting both buyers and suppliers alike. This cloud-based platform features an intuitive interface and a variety of powerful tools, such as centralized data management, automated request routing, tailored contract milestones, and efficient collaboration features. Organizations from diverse sectors, including technology, retail, hospitality, manufacturing, and education, have come to rely on Workday Strategic Sourcing for their procurement needs. Its versatility and comprehensive capabilities make it a valuable asset for any business looking to enhance their sourcing strategies.

What is Archlet?

Archlet is an innovative analytics-focused Strategic Sourcing Platform that aims to boost the efficiency of Procurement teams by providing intuitive tools for RFx, bid analytics, and scenario optimization, which together promote faster and more informed decision-making. Shift your strategic sourcing activities away from the traditional burdens of email and spreadsheets into a cohesive platform that streamlines the complexities inherent in strategic sourcing through advanced analytics and scenario optimization methods. Thanks to our intuitive automation and sourcing optimization capabilities, you can considerably shorten project timelines, freeing up valuable time for more strategic initiatives. Design and assess sourcing models that not only focus on cost but also consider a range of non-cost factors, such as sustainability, performance indicators, risk analysis, and supplier diversity, allowing your decisions to be data-driven. Moreover, take advantage of automatically identified negotiation opportunities and detailed supplier insights to engage in negotiations backed by solid data, unveiling potential new savings. By leveraging these powerful tools effectively, your procurement processes can transform, nurturing a more strategic sourcing approach that is responsive to evolving market dynamics and organizational goals. Furthermore, embracing this comprehensive platform allows teams to collaborate more seamlessly, driving greater alignment and shared objectives within the procurement function.

Media

Media

Integrations Supported

5X
Loxo
Microsoft 365
Order.co
Punchout Catalogs
RadiantOne
SAP Store

Integrations Supported

5X
Loxo
Microsoft 365
Order.co
Punchout Catalogs
RadiantOne
SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Workday

Date Founded

2005

Company Location

United States

Company Website

workday.com

Company Facts

Organization Name

Archlet

Date Founded

2019

Company Location

Switzerland

Company Website

www.archlet.io

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

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